Piippo Oyj (OHEL:PIIPPO) Days Payable: 0.00 (As of Sep. 2022)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is Piippo Oyj Days Payable?

Piippo Oyj OHEL:PIIPPO Days Payable is 0.00 as of Sep. 2022.

Piippo Oyj's average Accounts Payable for the six months ended in Sep. 2022 was €2.77 Mil. Piippo Oyj's Cost of Goods Sold for the six months ended in Sep. 2022 was €0.00 Mil.

The historical rank and industry rank for Piippo Oyj's Days Payable or its related term are showing as below:

OHEL:PIIPPO's Days Payable is not ranked *
in the Manufacturing - Apparel & Accessories industry.
Industry Median: 53.31
* Ranked among companies with meaningful Days Payable only.

Piippo Oyj's Days Payable declined from Dec. 2020 (16.32) to Sep. 2022 (0.00). It may suggest that Piippo Oyj accelerated paying its suppliers.

Piippo Oyj Days Payable Historical Data

* Premium members only.

The historical data trend for Piippo Oyj's Days Payable can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Piippo Oyj Days Payable Chart

Piippo Oyj Annual Data
Trend Dec13 Dec14 Dec16 Dec17 Dec18 Dec19 Dec20 Sep22
Days Payable
Get a 7-Day Free Trial 52.50 35.85 27.61 32.33 34.97

Piippo Oyj Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Sep22
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 18.00 160.27 16.32 1,407.24 0.00

OHEL:PIIPPO vs MBLY, APTV, LKQ: Days Payable Comparison

For the Textile Manufacturing subindustry, Piippo Oyj's Days Payable, along with its competitors' market caps and Days Payable data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Piippo Oyj Days Payable vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Piippo Oyj's Days Payable distribution charts can be found below:

* The bar in red indicates where Piippo Oyj's Days Payable falls into.


Piippo Oyj Days Payable Calculation

Days Payable indicates the number of days that the account payable relative to cost of goods sold the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.

Piippo Oyj's Days Payable for the fiscal year that ended in Sep. 2022 is calculated as

Days Payable (A: Sep. 2022 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2020 ) + Accounts Payable (A: Sep. 2022 )) / count ) / Cost of Goods Sold (A: Sep. 2022 )*Days in Period
=( (0.81 + 1.806) / 2 ) / 13.654*365
=1.308 / 13.654*365
=34.97

Piippo Oyj's Days Payable for the quarter that ended in Sep. 2022 is calculated as:

Days Payable (Q: Sep. 2022 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2021 ) + Accounts Payable (Q: Sep. 2022 )) / count ) / Cost of Goods Sold (Q: Sep. 2022 )*Days in Period
=( (3.724 + 1.806) / 2 ) / 0*365 / 2
=2.765 / 0*365 / 2
=N/A

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Days Payable →
What does a Days Payable of 0.00 mean?
Piippo Oyj (OHEL:PIIPPO) has a Days Payable of 0.00 as of Sep. 2022. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Piippo Oyj and its competitors.
Is Piippo Oyj's Days Payable too high?
Piippo Oyj's current Days Payable is 0.00.
How does Piippo Oyj's Days Payable compare to MBLY and APTV?
Piippo Oyj's Days Payable of 0.00 can be compared against companies in the Manufacturing - Apparel & Accessories industry. The industry median Days Payable is 53.31. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Payable for a Manufacturing - Apparel & Accessories company?
The median Days Payable among Manufacturing - Apparel & Accessories companies is 53.31, based on 1,022 companies in the industry. Companies in the top quartile (top 25%) have a Days Payable significantly above this median, while those in the bottom quartile fall well below. However, Days Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Payable mean?
A high Days Payable can signal that a stock is expensive relative to its fundamentals. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Piippo Oyj and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Days Payable is 53.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Piippo Oyj's current Days Payable is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Piippo Oyj stock overvalued right now?
Piippo Oyj (OHEL:PIIPPO) has a current Days Payable of 0.00. The current Days Payable is 0.00. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Payable calculated?
Days Payable is calculated from a company's financial statements. For Piippo Oyj (OHEL:PIIPPO), the current Days Payable is 0.00 as of Sep. 2022. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Piippo Oyj Business Description

Address Sysmajarventie 3, Outokumpu, FIN, 83500
Piippo Oyj operates in the agricultural twines, net wraps, synthetic ropes and yarns, cables and wires, among others.